GREY:OLEPF - Post by User
Comment by
Capharnaumon Feb 22, 2013 1:00pm
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Post# 21029532
RE: Thanks Tree... from the TGZ board....
RE: Thanks Tree... from the TGZ board.... TGZ's valuation will continue to be poor as long as they don't significantly extend the LOM. Since they failed to do that last year spending $50M, they are being punished.
If they can't add a significant ressource base, then their production will lower again next year and costs will rise. Their mill only has value if they can have ore to process.